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New finance minister of india - 10 things to know with detail

• Nirmala Sitharaman: Nirmala Sitharaman is the new Finance Minister of India, having taken office on May 31, 2019. She is the first woman to hold the position in India's history.
• Political Background: Sitharaman is a member of the Bharatiya Janata Party (BJP) and has been associated with the party for many years. She has held various positions within the party, including serving as the Minister of Commerce and Industry from 2014 to 2019.
• Education: Sitharaman holds a Master's degree in Economics from Jawaharlal Nehru University in New Delhi. She also has an M.Phil. in International Studies from the same university.
• Professional Background: Before entering politics, Sitharaman had a successful career in the corporate sector. She worked for Price Waterhouse in London and later served as a Senior Manager at PricewaterhouseCoopers in India.
• Minister of Defence: Prior to becoming the Finance Minister, Sitharaman served as the Minister of Defence in the Indian government. She was the second woman to hold this position after former Prime Minister Indira Gandhi.
• Economic Policies: Sitharaman has been tasked with reviving India's economy, which has been hit hard by the COVID-19 pandemic. She has announced several measures to boost economic growth, including a stimulus package and reforms in various sectors.
• Budget: Sitharaman presented the Union Budget for the fiscal year 2021-22 on February 1, 2021. The budget focused on infrastructure development, healthcare, and job creation to kickstart the economy post-pandemic.
• GST Council: Sitharaman chairs the Goods and Services Tax (GST) Council, which is responsible for formulating policies related to the GST regime in India. She has been instrumental in streamlining the GST process and addressing concerns raised by various stakeholders.
• Economic Reforms: Sitharaman has been a proponent of economic reforms and has introduced several measures to boost investment, ease of doing business, and promote entrepreneurship in India. She has also worked towards simplifying tax laws and improving compliance.
• Future Plans: As Finance Minister, Sitharaman's priorities include accelerating economic growth, creating jobs, and addressing challenges faced by various sectors. She is expected to continue implementing reforms to make India a more attractive destination for investment and business.